This property is Off Market
With an average age of 51, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $530. The average family earns a weekly income of $4,700 with a typical household size of 2.8 and a 101.74% employment rate.
Consistent high demand relative to supply is a key feature in Haberfield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Haberfield ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Haberfield classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Haberfield to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 4%)
Haberfield - Summer Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
63 / 100
31 / 100
Industry
37 / 100
22 / 100
Population
24 / 100
19 / 100
House Prices
81 / 100
60 / 100
Jobs
43 / 100
29 / 100
Incidents Trend State Average
Dobroyd Point Public School
Haberfield, NSW, 2045 State K-6
Leichhardt Public School
Leichhardt, NSW, 2040 State K-6
Eileen O'Connor Catholic College
Lewisham, NSW, 2049 Independent U
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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